Median Earnings (1yr)
$27,701
15th percentile (25th in NY)
Median Debt
$26,750
1% below national median
Debt-to-Earnings
0.97
Manageable
Sample Size
70
Adequate data

Analysis

The New School's Liberal Arts program faces a challenging start, with graduates earning just $27,701 in their first year—roughly $8,000 below the state median and landing in the bottom quarter of New York liberal arts programs. That first-year figure is particularly concerning in one of the country's most expensive cities, where that salary barely covers basic living costs. The debt load of $26,750, while close to national averages, represents nearly a full year's starting salary.

The encouraging news is the trajectory: earnings jump 51% by year four to $41,766, eventually matching the 75th percentile nationally. This suggests graduates who stick it out in expensive New York markets—likely in creative fields, nonprofits, or cultural institutions where The New School has strong connections—do see meaningful income growth. However, that four-year mark still falls well short of top New York programs like Molloy or Cornell, which place graduates at significantly higher starting points.

For families considering this investment, the real question is whether your child can weather those first few lean years in New York City. The program works best for students with financial cushion during the post-graduation period or those willing to live with roommates and side hustles while building their careers. Students needing immediate earning power to service debt should look elsewhere.

Where The New School Stands

Earnings vs. debt across all liberal arts and sciences, general studies and humanities bachelors's programs nationally

The New SchoolOther liberal arts and sciences, general studies and humanities programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How The New School graduates compare to all programs nationally

The New School graduates earn $28k, placing them in the 15th percentile of all liberal arts and sciences, general studies and humanities bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in New York

Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in New York (87 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
The New School$27,701$41,766$26,7500.97
Molloy University$74,868—$31,0000.41
Excelsior University$52,429$53,480$11,8750.23
Mercy University$46,408—$33,6870.73
Cornell University$46,072———
Union College$45,516$48,667$24,5000.54
National Median$36,340—$27,0000.74

Other Liberal Arts and Sciences, General Studies and Humanities Programs in New York

Compare tuition, earnings, and debt across New York schools

SchoolIn-State TuitionEarnings (1yr)Debt
Molloy University
Rockville Centre
$37,840$74,868$31,000
Excelsior University
Albany
—$52,429$11,875
Mercy University
Dobbs Ferry
$22,106$46,408$33,687
Cornell University
Ithaca
$66,014$46,072—
Union College
Schenectady
$66,456$45,516$24,500

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At The New School, approximately 15% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 70 graduates with reported earnings and 92 graduates with debt data. Small samples may not be representative.